ENCLOSED HEREWITH BOARD MEETING OUTCOME DATED 11/02/2026
Awaiting price reaction for this filing.
RRP Semiconductor Limited approved its unaudited Q3 FY26 results (quarter ended Dec 31, 2025), reporting negative revenue from operations of Rs 682.14 lakhs due to a major reversal, and a small net loss of Rs 3.51 lakhs (vs Rs 715.47 lakh loss in Q2). For the nine months ended Dec 2025, total revenue from operations was negative Rs 662.14 lakhs and net loss was Rs 757.81 lakhs, against a profit of Rs 846.37 lakhs in the prior year; reserves are negative at Rs 479.70 lakhs. The Board extended the lock-in period on 1,35,24,000 preferential shares by another 6 months to September 30, 2026, and announced it is considering a selective reduction of capital. Auditor PAMS & Associates flagged several 'Other Matters': a Rs 12 crore post-dated cheque dispute with Telecrown Infratech, a pending SAT appeal against BSE's revocation of the company's listing approval (April 2025), and concerns that the share price is not commensurate with financial performance.
Sharp revenue reversal, widening losses, negative reserves, and the ongoing listing-revocation appeal create meaningful uncertainty for shareholders; the selective capital reduction and extended lock-in further restrict share liquidity in the near term.